287 WAINAKU ST Active Save Request In-Person Tour Request Virtual Tour
Hilo,HI 96720
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 896 sqft
Price per Sqft $652
MLS Listing ID 718446
Bedrooms 2
Full Baths 2
Year Built 2015
Annual Tax Amount $5,637
Tax Year 2024
Property Sub-Type Single Family Residence
Property Description
Discover the unique charm of this riverfront property, nestled along the scenic Pukihae Stream and just a short walk from Downtown Hilo. Located in a peaceful 3-lot “subdivision”, this is the only building/house, perfectly positioned to enjoy abundant sunshine, air flow, and a unique privacy.
The property offers parking for 2-4 cars and features rare low-bank access to the stream, allowing you to easily step into the water and enjoy a serene swimming area. This magical retreat makes for an exceptional investment, whether as a personal residence, a lucrative rental, or an expanded venture because of the Multi-family zoning with additional uses allowed by the County.
Just 5 minutes (walking) from the vibrant heart of Old Hilo Town, you'll find wonderful restaurants, local shopping, farmers markets, and frequent festivities. Plus, Bayfront Hilo's surfing spot is a short walking distance away, offering the best of both worlds—tropical living with a stream on the property, without being too far from the conveniences of town.
The adjacent partially developed land “Lot 40” is also listed for sale. If both this house property and “Lot 40” are purchased together, then this would be an ideal development for “an Estate Property” . The Multi-Family Use zoning lists is a plus to the location and surroundings.
Home is rented. 48 hours' notice is required. Please refrain from visiting the property without permission. All information is deemed reliable but not guaranteed. Buyer and buyer's agent are responsible for verifying all listing details.
Location
State HI
Area 10000.0
Zoning RM-10
Exterior
Parking Features Assigned
Utilities Available Cable Available,Electricity Available,Phone Available,Water Available
View Y/N Yes
View Garden,River
Building
Lot Description Cleared
Sewer Cesspool
Others
Acceptable Financing Contract,Conventional
Listing Terms Contract,Conventional
Special Listing Condition Fee Simple,Standard